PVA - EyePoint Pharmaceuticals

[motorway]

Pattern is very Bullish with breakout with a valid at this stage "true catapult"

note the consolidation not giving back any ground
and the spacing between the mid pattern high..


See what happens at $3.00 ( if )

I hold

motorway

 

[motorway]

Promising imo

It almost made the "old" resistance ( seen clearly on .30 X 1 chart ) into
new support, but a reasonable amount of volume --->Supply, pushed it back down..

That was absorbed and now attempting to make a new push higher

looking for $3.60 now


10% x 3 chart also....





motorway

 

[motorway]

Promising imo

It almost made the "old" resistance ( seen clearly on .30 X 1 chart ) into
new support, but a reasonable amount of volume --->Supply, pushed it back down..

That was absorbed and now attempting to make a new push higher

looking for $3.60 now


10% x 3 chart also....





motorway

Done

30 pt chart is a very good size for this atm

One can see a very large reversal pattern at that scale
with significant upside implications

With the mid pattern high at over $6.00

Dynamics suggest
( Position Velocity Acceleration )

That there are expectations for significant higher prices
Already in place (The Wyckoff CAUSE )
and still work being done in that direction

Space is fractal
Time is movement through space

small reversals make up - are part of larger reversals
Implications UP and Down on various scales
are constantly being generated....

when the dominoes line up they all fall down

DYOR

The chart alone screams that here is something to be looking into
and the pattern formed at the .30 pt Scale
( qualify it with a 60 pt and see maybe even clearer )
Is large

Identification in the NOW
not looking back or looking forward
BUT BOTH

So no concrete prediction
Anything can almost have a probabilty of some degree ( IE it could stop and reverse back down )
SO again DYOR

I HOLD
The chart won't let me do anything else


motorway

 

[suhm]

interesting idea if it can address the macular degeneration market no real competitors there, not so sure how much traction it'd get for the diabetic indication photocoagulation is a bit to entrenched atm i think.
For me I'd have to wait for the study results, I don't like to buy biotech shares which don't have products yet and there are also a lot of warrants and options outstanding relative to the amount of CDIs and ordinary shares on the NASDAQ as well.
I'm not that crash hot on tech analysis but it seems to have worked for u here so well done.

 

[motorway]

interesting idea if it can address the macular degeneration market no real competitors there, not so sure how much traction it'd get for the diabetic indication photocoagulation is a bit to entrenched atm i think.
For me I'd have to wait for the study results, I don't like to buy biotech shares which don't have products yet and there are also a lot of warrants and options outstanding relative to the amount of CDIs and ordinary shares on the NASDAQ as well.
I'm not that crash hot on tech analysis but it seems to have worked for u here so well done.

" I don't like to buy biotech shares which don't have products yet and there are also a lot of warrants and options outstanding relative to the amount of CDIs and ordinary shares on the NASDAQ as well."

?

As far as I can see
They have no outstanding warrants or Options

http://au.finance.yahoo.com/q/bs?s=PSDV

And Just a total

of 18.62 M shares outstanding

http://au.finance.yahoo.com/q/ks?s=PSDV


Significant Major Shareholder

page 3

http://phx.corporate-ir.net/Tearsheet.ashx?c=168274

And do have products already

Corporate Profile
pSivida is a leading provider of miniaturized, sustained-release drug delivery products and is
continuing the evolution of these systems.

Our proven proprietary technologies enable us to achieve highly focused long-term delivery of
therapeutics. We have developed two of the three products approved by the FDA for the long-term
sustained-release delivery of drug to treat chronic eye disease.

Our lead development product, Iluvien ®, is in fully-enrolled Phase III clinical trials for the treatment of
Diabetic Macular Edema (DME). We anticipate receiving 24 month interim data in late 2009 which will
form the basis for our anticipated NDA filing with FDA in early 2010.

Iluvien utilizes Medidur™, our
third generation miniaturized, sustained-release drug delivery technology.
pSivida, a NASDAQ listed company, is developing products designed to revolutionize treatments in
critical areas such as ophthalmology, oncology and cardiology.

Stand to be corrected though

motorway

 

[motorway]

NASDAQ is leading the way
and volume as been increasing

Significant base in place on this .60 pt chart
for those who like names
it has been called a

Delayed ending fulcrum

( think of the fear when a base has a delayed ending and what seems like break lower is unfolding )

Wil it give the potential resistance at USD6.60 a shake ?

We will have to see
BUT certainly a multi top breakout
would be significant here

nice conforming to the forecasting lines
Support and resistance
is never JUST static
But is dynamic
the diagonals versus the horizontals

motorway

 

[motorway]

nice conforming to the forecasting lines
Support and resistance
is never JUST static
But is dynamic
the diagonals versus the horizontals

If you look at that .60 pt
chart
you can see what I mean maybe

I have marked a congestion zone ( = differences of opinions )
The upper and lower lines ( The BLACK ) are ( last ) points of support and resistance

Now some of those points lie underneath ( to the left of) the diagonal ( RED line ) ...Consider what do the BOXES contain ( represent ) and why can a diagonal 45degree line be a forecasting line...

What does it mean now that the last column has moved across and above that line- How does the horizontal coordinate with the diagonal

How does resistance become support
What is resistance and support..

why are the lines meaningful anyway .

Because they are drawn on a P&F chart


PSDV --> .15 x 1 chart in USD ( A chart of the manipulative swings )

closed on NASDAQ at $5.19

motorway

 

[suhm]

If you look at the appendix 3B you'll see there are also 9.7m CDIs but looking more closely the CDIs are they included in the 18m common shares you were referring to?

At first glance I thought it was 9.7+18= 27m outstanding as market cap on the Nasdaq was 90m and 45ish on ASX.

There are 13m options and warrants on the appendix 3B, most are exercisible above $US 6.60 and only 1.6m are itm atm.

By not having products, I mean not having products that they are currently sellling, i.e. the company is self funding, cashflow positive. They say they have enough money until Dec, 2010. Dilution can be a problem with biotech shares.

They are running phase II and III trials concurrently which probably means the phase II patients will be rolled over into the phase III trial. By the time they get to phase III most drugs do make it to market so if they get FDA approval next year the 25m USD should solve that problem and the 20% profit share is pretty good in my book especially if they get a macular degeneration indication as they don't have competing treatments in that area.

i don't really understand your tech analysis so can't comment on it. Seems like a big upswing though. Seems like good price action but its reasonably easy to pump and dump these things.

 

[Timmy]

Seems like a big upswing though. Seems like good price action but its reasonably easy to pump and dump these things.

Whaddaya mean "seems like a big upswing"????

100+% in 3 weeks is a big upswing.

Nice work Motorway.

 

[motorway]

Tim --->

Suhm---> I think the CDI is included ?

This is a good read

http://www.psivida.com/documents/PsividaAUGUST2009.pdf

Ok the size of the mkt and time line for pg 12
& milestone and royalty payments

How do we know?

THE TA urges one to look if so inclined to the FA
THE TA qualifies the FA

Various aspects of TA esp relative strength & P&F
are in fact a Superior form of FA for all but "insiders" and even then !

FA matters BUT
the obscure and hidden
and esp The Guarded--not what we can read for ourselves easily..


But if whoever does know wants to profit
they have to BUY first
and That shows up on the "TAPE" and its graphic representation the P&F chart.

motorway

 

[motorway]

The " Ten Vital Trends " Wyckoff 1920

Corporate

1 Trend toward financial strength or weakness .........
2 Trend (in quality ) of management positive or negative ............
3 Trend of earning power and dividends up or down..................
4 Trend toward or away from leadership in the industry , leader or laggard.............

Sector

5 Trend of the Industry represented by the group of stocks..........
6 Trend of business conditions in general ( esp money and interest rates ) sunny or cloudy

Technical....( Graham's Mr Market But instead of a suggestive anecdote ,, A method )

7 Trend of the long (broad ) swing (cycle )of the market and stock...
8 Trend of intermediate swing
9 Trend of short term (immediate ) swings
10 Trend of manipulations / accumulation , distribution . The manipulation trends ..........


OK with PVA atm
I would represent
7 with a .90 pt chart
8 with a .60 pt
9 with a .30 pt
& 10 with a .15 pt chart

1 through to 6 DYOR

Fundamentals that don't matter are like IQ you just need enough and then it is the other things that make the difference
Fundamentals that matter , well YOU won't know those until after and not before , this is WHY 7 8 9 & 10 ARE IMPORTANT AND ANY DIVERGENCES esp ..

( These or their equivalents vis The REVERSAL )


OK repeat after me ( Or actually, one Art De VANY )

You cannot predict which among many possible stochastic paths originating from this point in time and space ANYTHING will move onto.

You can know something of the ensemble of paths and how your actions may condition the likelihoods of these paths ( AND WHAT THEY MIGHT PROFIT YOU ).

Your only moment of power is NOW, the moment when you can take actions that influence the distribution of future outcomes.

You learn of the possibilities from your experience with no regrets and you make your choices in the Now with the knowledge that they do not determine the outcomes but only the possible paths on which you may participate.

Thus you do not fear the outcomes or attempt to control things you cannot.

Be a good Bayesian who uses evidence from the past to form expectations of the possibilities of the future and make choices that influence the distribution of possible outcomes in your favor.

Never expect a distinct outcome to result from your actions.

All you can do is to try to influence the distribution of possibilities . You can never set the particular path or outcome that will be yours from this time forward. And, if you think you can look back and see some cause of events, you are probably suffering hindsight bias.

Nice way of What a "CHART"is FOR.....
We look back to put NOW into context
So we can make ourselves available for opportunities in the FUTURE..

Ok so to a chart of the current speculative/manipulative swings/cycle
on the ASX

What is the behaviour in the circled area telling us about expectations and the likelyhood of the pattern on the larger scales unfolding ?

Position Velocity & Acceleration

From ( pattern ) away ( diagonals )

spacing ( Blue lines ) / testing ( depth of reversals ) etc

The structure ( pattern ) / The process ( dynamic )

motorway

 

[suhm]

Cheers for the link motorway made it a lot easier for me to understand the company, I'll have a look at the publications and have a chat with my friends about what they think about the technology.

I have qualms with the amount of volume its moving on (ASX and NASDAQ combined), but I guess there aren't that many shares outstanding either.

 

[suhm]

I bought a bit at the open on Monday, the results of the pharmokinetic study were quite intersting as photocoagulation reallly only stops progression with a small chance of blindness less with more modern lasers and good operators. This seems to actually improve the eyesight and at the low dose has no problem with IOP and I assume cataract formation.
Should also be pretty easy to insert if they are just loading it into a needle.

All this is based on the caveat that they have good results for their definitive study though and that their product gets approved by the FDA. I'll reasses my position then or if it tanks .

 

[motorway]

One can see a very large reversal pattern at that scale
with significant upside implications

With the mid pattern high at over $6.00

The importance of that ~$6.00 level !

Pushed over and back

Always look left to look right

What defines are the overshoots
( The movements in excess of the reversal )

Which here are strongly UP
creating a clear uptrend atm

With nice consolidations building support
which I want to see occur here again
setting up a Jump over-through that $6.00 zone

Support is built by going sideways
anchoring the extensions

Event drive chart
a chart of events--->

Prices in financial markets evolve as events occur. Events are typically market transactions,
which may be correlated with each other (= TREND ), or ( secondarily ) news and political announcements.
The price evolution occurs in many different forms and is difficult to describe concisely
as price moves happen at all different price and time scales.

exactly hence--

click to expand the chart

motorway

 

[motorway]

Update on the .15 x 1 chart

OK BUY or SELL

Important zone to act imo

I would weight the significance of the move down from the top
Equal to the prior move up from this current price level

That is just looking at the price trajectory P,V & T in isolation.

There is activity at the top --> A Negative

The move up was VERY strong
a Lot of late comers joining in
= Corrective move expected
and not surprised if results in oversold position.

look left on the ( prior post ) 10% chart at the possible support zone

I am Very open to a Very strong buy opportunity to emerge
But what ever

14 uncorrected Boxes Down in current column
Is not as significant in current context as
IF there were 14 Boxes down with correction..

DYOR
I would read art de vany's comment again ..

motorway

 

[motorway]

I will post the 10% chart too for discussion

Blue line marks the threshold of that zone of interest

As been called a ZONE OF FEAR ( ABY )

= possible BUY zone...

The dotted lines (EMA )

Have a DYNAMIC and not as usual just a STATIC memory
of the Price History



motorway

 

[motorway]

NASDAQ is where the lead is from

Waves Build UP and DOWN

Reactions-to Events-lead to---> Secondary Reactions

Three Downside Failures
on this 8% x 1 chart ( maybe last column still alive )
But
Small Apex formation ( Which if it could speak would say -->WATCH HERE )
at a smaller scale ---> 2% x 1 chart



motorway

 

[motorway]

Lot happening with this stock.
Volume on the NASDAQ getting larger

Their partner ALIM listed

Their lead product is with the FDA priority review
( Milestone payment from ALIM received ,, Another to come if approved )

So interesting times

BIT LIKE DEAL OR no DEAL atm

IE
IN the intermediate term it all is about approval happening

I hold

Motorway

Links should go to two charts

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=psdv,pauddanrbo[pa][d20101222][f1!1!2!!2!20]&pnf=y



http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=psdv,pauddanrbo[pa][d20101222][f1!1!1!!2!20]&pnf=y

 

[greggles]

PVA moving like Usain Bolt in the last couple of weeks. It will be delisting from the ASX on Monday so there won't be much more discussion on this one. Just a bit of a final update for those interested.

 

[System]

On May 7th, 2018, EyePoint Pharmaceuticals, Inc (PVA) was removed from the ASX's official list at the request of the company, under Listing Rule 17.11, as outlined in the company's announcement dated 4 April 2018.